Skip to content
Monday, October 12, 2026
The New York Finance

Top Business News Around The World

Monday, October 12, 2026

Tariffs

Trump tariffs on timber, furniture take effect

US President Donald Trump’s fresh tariffs on imported wood, furniture and kitchen cabinets took effect Tuesday, a development likely to fuel building costs and pile pressure on homebuyers in an already challenging…

By The New York Finance Staff

Trump’s tariffs drown Brazil’s fish industry

When the water pump is switched on, hundreds of tilapia come to the surface of a pond at a Brazilian fish farm. Their final destination is now uncertain because of US President…

By The New York Finance Staff

Impact of US tariffs varies across European Union

US President Donald Trump announced on Sunday that the United States was imposing 15-percent tariffs on all European Union countries. These countries are not all equally exposed to the US market and…

By The New York Finance Staff

EU adopts extra tariffs of up to 35.3% on Chinese EVs

The EU on Tuesday decided to slap hefty tariffs on Chinese-made electric cars after an anti-subsidy probe concluded Beijing’s support to local manufacturers was unfair. The extra taxes have been controversial, with strong…

By The New York Finance Staff